Lindsay (LNN) Misses Q1 EPS by 10c

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Lindsay Corporation Reports Fiscal 2021 First Quarter Results

January 7, 2021 6:45 AM EST

Improving market conditions support irrigation revenue and earnings growth Strong irrigation system order flow in North America leads to large backlog Significant increase in raw material costs creates short-term margin headwinds Solid infrastructure results lower compared to a strong prior year first quarter

OMAHA, Neb.--(BUSINESS WIRE)-- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its first quarter of fiscal 2021, which ended on November 30, 2020.

First Quarter... More